Prof. Painter Quoted in Star Tribune on STOCK Act

Professor Richard Painter was quoted in a Star Tribune article on Congress's passage of the Stop Insider Trading on Congressional Knowledge (STOCK) Act, which bans insider trading on government information by Members of Congress and their staff. The article discusses Painter's role trying to prevent hedge funds and others from gaining confidential information when he was the chief White House ethics lawyer under President Bush. Painter observed that the STOCK Act, while helpful, does not do enough to prevent leaks of confidential government information to persons who will trade on it.